Depends on what you want to do... You didn't say it would be a daily driver or your play toy.
1. Do you want to lease or buy? If lease, take the PW right out of the equation. See my previous replies to a post on leasing vs buying. They do NOT discount PW's. Full discount with $59K sticker will still cost you $800 per month 36 month lease $888 due at signing. Sadly, a Rebel has a sticker price of $54K and for $59k for a PW but the payments aren't even close ($200 a month + less will get you into a Rebel)
2. Do your NEEDS really warrant a PW? Do you need front and Rear Lockers? Do you need a swaybar disconnect? Do you need 4:10 gears to pull a mountain? Lots of people use winches on their trucks (as I have in almost every truck but my Cherokee), so I am with a wash on this.
3. Mileage will be junk. PW is much heavier, larger gears and same tire size as Rebel. Not to mention 6.4L with 400+ hp.
Trust me, I've struggled with this for years. Always wanted a PW. They are the cats meow. Bad ass looks and got the guts to back it up. If you offroad or work construction or logging or mining like Gold Rush, then yes you can say you need all the above. If you don't, then you can say I want it, but don't need it. That "Want" factor usually has more of an impact on decisions we make and in my case, usually overrides the "need" factor and I end up paying for it in the end..... This time I got smart (not to mention couldn't afford the PW) and got the Rebel. For the offroading I do, towing my boat, and hunting muddy corn fields for ducks, geese, and deer, the Rebel will be fine (with better tires) for all my needs.
Just my $0.02 worth. They hold their value too (PW's) as you rarely see used ones (at least here in Michigan) so if you do buy one, you'll probably do well on selling it when the time comes.
Good luck with your decision. Keep us posted!!!
I really like the Power Wagons, big time and with some of the roads I take in the mountains it sure would be nice/easier. With that being said though it is on paved roads 85% most of the year and is a daily driver for the family so getting the Rebel made more sense to me in the long run. It all depends on what you are going to use it for in the long run that will be the deciding factor. Being that these are some pricey investments think it over, as mtudb24 said you have to separate the "want" from the "need".
I'm trying to decide which of the two are better options.
1. Converting my 2014 1500 into the ultimate Ram Rebel
2. Getting myself a 2500 and turning that into the ultimate Power Wagon
Of course the Rebel TRX Concept is the ultimate Rebel. But my idea is different.
My current 2014 1500 SLT has coil suspension instead of the air suspension.
I was looking at a lot of reviews with comparisons of the Rebel to the Tundra TRD Pro.
The review mentioned that the Tundra used Bilstein shocks as well. But on the off roading the Tundra's coil-overs had better articulation and better handling. So with that my proposed mods are:
Rebel Bumper and other external visual mods including wheels and tires. This should be easy since the many other RAM owners have already done it with a lot of success.
Change standard SLT suspension for Bilstein coil-overs. The same ones that are on the Tundra.
Put a locking rear diff
Rebel TRX style side exhaust with integrated side steps
Warn winch integrated into the Reber bumper in the same way that is on the Power wagon.
Option 2 of the Power Wagon will be a no brainer. Once you have that you need not want anything else. Well fuel economy in a factor as well. This on going to be my daily driver.
Which ever truck I choose, you could say that I plan on keeping the truck till the day I die. It is sort of building my ultimate "all occasion" vehicle; daily driver on the weekdays and a fun vehicle on the weekends. I do need to be truthful that the vehicle will be on the street for most of the time. I live in the city, so it does need to keep up with SUVs doing 140 kph on the highway.